Sodium Lauryl Ether Sulfate [SLES] Market was valued US$ XX Bn in 2018 and is expected to reach US$ XX Bn by 2027, at CAGR of 5.2 % during forecast period of 2019 to 2027.
Sodium Lauryl Ether Sulfate [SLES] is a low-cost and very effective for emulsifying, wetting, cleaning, foaming and solubilizing, good biodegradation, with wide compatibility, good solvency, resistance to hard water, and minimum irritation to eye and skin. Therefore, it is broadly used in cleaners and detergents, antimicrobial, personal care products, agrochemicals, and medical chemicals.
The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.
Sodium Lauryl Ether Sulfate [SLES] Market Drivers and Restrains
The Sodium Lauryl Ether Sulfate [SLES] Market has witnessed considerable growth in recent years because of growth in significant improvement in lifestyles and standard of living, primarily in emerging economies. The Sodium Lauryl Ether Sulfate Market has become more competitive and price-sensitive owing to the high potential and steady growth of the global Sodium Lauryl Ether Sulfate Market. Increase in popularity of e-Commerce and large base of young population in developing countries such as India and china have boosted the demand for new personal care products. The Stepan Company (Revenue - US$ 1.92 Bn in 2017) signed a contract to obtain the latter’s surfactant production facility in Mexico and Ecatepec with BASF Mexicana, S.A. DE C.V., in 2018. The capability has yearly production volume of 55,000 metric tons, with a 12,400 square feet warehouse space. In recent years, Clariant runs new development research laboratory in Tokyo Metropolitan Industrial Technology Research Institute (TIRI). The recently opened R&D lab is dedicated to meet the high mandate for personal care products in Japan.
Products containing sulfate are not recommended for curly, kinky, or coil hair, as sulfate have a tendency to dry the hair. Personal care cosmetics products with Sodium Lauryl Ether Sulfate content are considered as a harmful for human usage. Consequently, sulfate-free personal care products are gaining popularity in the worldwide market. The major Key players are concentrating on organic-based surfactants to substitute conventional petroleum-based surfactants. Therefore, the useful application of sulfate-free personal care products is projected to obstruct the global sodium lauryl ether sulfate market across the globe. Manufacturers in the Sodium Lauryl Ether Sulfate [SLES] are focusing on competitive pricing as the strategy to capture significant market share.
Sodium Lauryl Ether Sulfate [SLES] Market Segmentation Analysis
The Global Sodium Lauryl Ether Sulfate [SLES] Market is segmented on the basis of Application, Type, Form, and Region. In terms of application market is divided into Medical, Personal Care, Detergents & Cleaners, Antimicrobial and Agricultural Chemicals. The detergents & cleaners segment is projected to grow at the highest XX% CAGR during the forecast period, thanks to the rise in the ultimatum for industrial cleaners and laundry detergents, and rapid industrial development, mostly in developing economies. On the basis of Form, Sodium Lauryl Ether Sulfate [SLES] Market is bifurcate into Dry and liquid, the dry form segment led the sodium lauryl ether sulfate market in 2018. However, the mandate for the liquid form of Sodium Lauryl Ether Sulfate is expected to increase rapidly during the forecast period, by reasons of rise in the popularity of liquid detergents and dishwashing powders, and industrial cleaners. The personal care products industry is expected to upsurge at a CAGR of 7 % over the forecast period. The use of sodium lauryl ether sulfate in personal care products has increased noticeably owing to its tenderness on the skin and its chemical stability as related to other surfactants such as alkylbenzene sulfonates, sodium lauryl sulfate and phosphoric acid esters.
Sodium Lauryl Ether Sulfate [SLES] Market Regional Analysis
On the basis of region Sodium Lauryl Ether Sulfate [SLES] market divided into five regions such as Asia Pacific, North America, Europe, Latin America, and Middle East Africa. Among all the regions, the Asia Pacific had the leading market share in 2018 and is projected to lead the market during the forecast period, Because of Development of end-use industries like laundry detergents and cosmetics in the region can be credited to the growth in the population and increase in disposable income, mostly in the developing economies of India, China, and Indonesia. As the world's second largest economy in the global Sodium Lauryl Ether Sulfate markets, China exhibits the potential to grow at 8.1 % over the next couple of years and add approximately US$ XX Million in terms of lucrative opportunity for the picking by hopeful businesses and their astute runners. Furthermore, In terms of volume and value, the Asia Pacific constituted an important share of the SLES market in 2018. Growth in awareness about personal hygiene is increasing the mandate for effective personal care products. Hence, positive impact on the requirement of sodium lauryl ether sulfate in Asia Pacific. The personal care products market in India is projected to expand at a CAGR of 9 %, while that in the Middle and East Africa is likely to grow at a CAGR of 5% during the forecast period. Analysis must gain US$ XX Million worth of expected demand in the region will come from Rest of Europe markets. In Japan, Detergents & Cleaners segment will reach a market size of US$ XX Million by the close of the analysis period.
The objective of the report is to present comprehensive analysis of Sodium Lauryl Ether Sulfate [SLES] Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of industry with dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers. The report also helps in understanding Sodium Lauryl Ether Sulfate [SLES] Market dynamics, structure by analyzing the market segments, and project the Sodium Lauryl Ether Sulfate [SLES] Market size. Clear representation of competitive analysis of key players by Sodium Lauryl Ether Sulfate [SLES] Type, price, financial position, product portfolio, growth strategies, and regional presence in the Sodium Lauryl Ether Sulfate [SLES] Market make the report investor’s guide.
Scope of the Sodium Lauryl Ether Sulfate [SLES] Market
Sodium Lauryl Ether Sulfate [SLES] Market, by Application
• Detergents & Cleaners
• Personal Care
• Agricultural Chemicals
Sodium Lauryl Ether Sulfate [SLES] Market, by Type
• Cosmetic Grade
• Industrial Grade
• Pharmaceutical Grade
Sodium Lauryl Ether Sulfate [SLES] Market, by Form
Sodium Lauryl Ether Sulfate [SLES] Market, by Region
• Asia Pacific
• North America
• Latin America
• Middle East Africa
Sodium Lauryl Ether Sulfate [SLES] Market, Major Players
• Godrej Industries
• Taiwan NJC Corporation
• Stepan Company
• Ultra Group
• Kao Corporation
• Croda International
• Galaxy Surfactants
• Ho Tung Chemical
• Evonik Industries
• Huntsman Corporation
• Clariant Corporation
• The Dow Chemical Company
• Zhejiang Zanyu Technology
• Galaxy Surfactants
• Clariant Corporation
• The Dow Chemical Company
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